Shares of real estate companies saw a strong rise on Saturday, February 1, 2025, as the sector performed well in an otherwise volatile market. The Nifty Realty index gained 1.88% during intra-day trading, fueled by positive investor sentiment after Finance Minister Nirmala Sitharaman announced a ₹96,777 crore allocation for urban development in the 2025 Budget. …
Shares of BHEL, Hindustan Construction Company, L&T, Walchandnagar Industries, Thermax, KSB, and Kirloskar Brothers jumped up to 12% on Saturday, February 1. The rise came after Finance Minister Nirmala Sitharaman announced a ₹20,000 crore allocation for the Nuclear Energy Mission in Union Budget 2025. Small Modular Reactors (SMRs) Plan While presenting the Budget, the FM …
Renewable energy stocks are seeing an increase ahead of the Union Budget 2025. Experts are closely watching for budget announcements related to higher capital expenditure (capex) in the renewables sector, especially the PLI schemes designed to boost the industry. Stock Performances of Key Renewable Companies Waaree Energies: Waaree Energies shares rose by 4%, trading at …
In December 2024, the top 3 car brands by sales were Maruti Suzuki, Tata, and Hyundai. Maruti Suzuki and Tata saw positive year-on-year (YoY) growth, while Hyundai’s sales declined by 1.3%. Mahindra SUV Sales Surge by 18% Mahindra’s SUV sales continued their upward trend, with 50,659 units sold in January 2025, compared to 43,068 units …
Oil and Natural Gas Corporation (ONGC) reported a 19.4% decline in its consolidated net profit for the third quarter (October–December) of FY25. The profit stood at ₹8,621.69 crore, down from ₹10,703.13 crore in the same period last year, mainly because of the lower global crude oil prices. Compared to the previous quarter, profit dropped 16.07%, …
Sensex and Nifty50 are set to react to Budget 2025 proposals in a special trading session on Saturday, February 1, 2025. Finance Minister Nirmala Sitharaman will present her eighth budget, the second under Modi 3.0. GIFT Nifty Futures were last seen at 23,533, down 87 points from Nifty50 futures. On Friday, the market closed on …
Vishal Mega Mart, the leading supermarket chain, has reported a 28% year-on-year (YoY) increase in net profit for the third quarter of FY25, amounting to ₹262.7 crore, up from ₹205.3 crore in the same period last year. The strong performance comes as the company continues to expand its retail footprint across India. Revenue and EBITDA …
The Board of Directors of Oil and Natural Gas Corporation (ONGC) has approved the acquisition of 1,15,20,000 equity shares of Mangalore SEZ Limited (MSEZ) from Infrastructure Leasing & Financial Services Limited (IL&FS) for a total consideration of ₹56.11 crore. This approval is subject to concurrence from the Government of India if required. The acquisition is …
FMCG major Nestle India has announced a significant expansion of its KitKat production capacity with the addition of a new manufacturing line at its Sanand factory in Gujarat. The proposed annual production capacity of the new line is 15,000 tonnes, and the company aims to complete the expansion within the financial year 2024-25 (FY25). The …
The National Stock Exchange of India (NSE) has announced the inclusion of 4 additional securities in the futures and options (F&O) segment, effective from February 28, 2025. The move follows the stock selection criteria outlined by SEBI in its circular dated August 30, 2024, and subsequent approval from the market regulator. Which Stocks Are Being …
